Foot Locker declared a coronavirus time out for its brick-and-mortar retail operations, closing all its banners in North America, EMEA, and Malaysia from through Mar. 31, though it will continue to pay its associates during the shutdown. Other Asia Pacific stores in Hong Kong, Singapore, Australia and New Zealand will remain open unless required to close by local governments. FL withdrew its 2020 guidance for a low-single-digit comp sales gain and low- to mid-singles EPS increase, and said it would provide updated guidance when it reports Q1 results.

Dick’s Sporting Goods said that it was closing 10 stores, eight of them ... Log in to view full article.